Professional Wealth Managementt

By PWM Editor

“High grade and high yield bond spreads widened during the last few weeks of the month as a ­slowdown in US growth was confirmed. Accordingly, we cut our high yield exposure (PAM Bonds Higher Yield) by implementing a flexible euro ­government fixed-income fund – Raiffeisen 313 Trend Follower Bonds, which is run through a quant model that follows strong trends on euro government bonds. We cut State Street Euroland Equity Fund, enabling us to finance the acquisition of Uni-global Minimum Variance Europe.”

 

Already registered? Sign in here to access content now.

 

To read PWM content for free, register now by completing a short form.

 

Registered users benefit from:

  • Full access to all articles, videos and podcasts
  • E-newsletters featuring the latest content
  • Coverage of the latest opportunities, challenges, game-changing regulations and competing markets
  • Bespoke PWM research: sub-advisory, asset allocation, Global Private Banking Awards, Wealth Tech Awards